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Blockbuster closures revealed

Administrators of music and game rental and sales chain Blockbuster have revealed full details of the stores earmarked for closure.


Moorfields Corporate Recovery has already confirmed that 72 across the UK are to close. They are listed here .


Gordon Brothers Europe acquired the business and assets of Blockbuster Entertainment and Blockbuster GB in March. However, the business and assets collapsed into administration on 11 November.


Joint administrators Simon Thomas and Nick O’Reilly said: “The decision to close some stores has not been taken lightly; however, the remaining stores remain open for business and we are continuing to market the business for sale as a going concern. Currently we are offering attractive discounts which are generating additional sales.


“We want to be as open and transparent as possible throughout this process and will hopefully be in a position, within the next seven days, to provide staff and customers with another update very shortly.”


Savills is advising.


annabel.dixon@estatesgazette.com


 



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